EURUSD Bounced from 50% Fib

Although not shown the  EUR retracement stopped at 50% Fib. It has rejected the sellers (red bar with a tail), made another retest close to the low of the previous day and bounced the following day with a wide range bar. The entry was @ 1.2962 with a stop loss that has been moved to 1.2930.  I have not been trading EURUSD for a while. We will see if this will work just fine.